Xunlu AI is a pioneering startup specializing in AI-driven customer service and marketing solutions. It offers tailored AI technologies, including intelligent customer service and sales robots, to businesses across diverse industries. The company's flagship product is a fully automatic, one-stop AI middle platform for marketing, powered by AIGC (Artificial Intelligence Generated Content) and RPA (Robotic Process Automation). This platform provides efficient, multi-language AI marketing tools to a wide range of Chinese companies, aiming to reduce costs and enhance productivity.
Chengdu Pukang Biotechnology
Series B in 2024
Chengdu Pukang Biotechnology Co., Ltd specializes in the development, production, and supply of high-purity single molecular PEG series derivatives, polypeptide long-acting drug side chains, and their intermediates. The company focuses on serving the pharmaceutical industry with a range of chemical supplies that are crucial for drug development and manufacturing processes. With a professional R&D team, Chengdu Pukang Biotechnology is dedicated to advancing pharmaceutical intermediates technology and providing solutions that meet the evolving needs of the healthcare sector. The company's commitment to research and development is evident in its continuous efforts to innovate and improve its product offerings to support the pharmaceutical industry.
YHmicros is a Shanghai-based company that specializes in the manufacture and development of electronic power microchips. The company focuses on creating analog-digital mixed signal chips tailored for the communication and automotive electronics industries. Its product offerings emphasize high-performance signal chain analog chips and comprehensive system solutions. YHmicros serves various markets, including smartphones, wearable devices, wireless Bluetooth headsets, and smart home technology, ensuring that customers receive high-quality, reliable products.
Qiangua Technology
Seed Round in 2024
Qiangua Technology is a Chinese company specializing in autonomous driving technology for logistics and transportation. It develops unmanned cargo truck solutions aimed at enhancing the efficiency of the autopilot industry. By leveraging advanced automated driving systems, Qiangua Technology offers trunk logistics services that cater to the growing demand for innovative transportation solutions. The company focuses on improving the logistics sector through its cutting-edge technology, positioning itself as a key player in the development of autonomous transportation services.
ChiefClouds
Series B in 2023
ChiefClouds is a company specializing in the construction and application of big data platforms for government and industrial sectors. It offers a range of industry-focused data intelligence products and solutions that address various fields, including government traffic, environmental protection, finance, and energy. By integrating top-tier big data technologies and expertise from leading internet and software companies, ChiefClouds creates a robust ecosystem for data-driven decision-making. The company employs a diverse team of professionals, encompassing experts from marketing, security, government, and corporate services. With branches located in major Chinese cities such as Shanghai, Beijing, Guangzhou, and Shijiazhuang, as well as laboratories in Silicon Valley, ChiefClouds is well-positioned to deliver sophisticated data solutions that facilitate refined operations and drive business growth for its clients.
Kelun Biotech
Series B in 2022
Kelun Biotech is a biopharmaceutical company engaged in the research and development, manufacturing, and commercialization of innovative drugs, with a particular focus on antibody-drug conjugates to address cancer and other diseases. It serves China and global markets and relies on a systematic, indication-driven approach to target prevalent or hard-to-treat conditions, reflecting over a decade of experience in ADC development and a commitment to meeting medical needs for large underserved populations.
Huihe Healthcare
Series C in 2022
Huihe Healthcare, founded in 2019 and based in Shanghai, China, focuses on the development and research of medical devices for structural heart diseases. The company is dedicated to creating innovative intervention devices, including systems for tricuspid valve repair, aimed at offering effective solutions for patients suffering from various heart conditions. Through its commitment to research and development, Huihe Healthcare strives to advance medical technology in the field of cardiology.
Xpeng Motors
Series A in 2022
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.
Beijing Weiying Technology
Series A in 2022
Founded in 2014 by David Lim, Beijing Weiying Technology specializes in developing and operating the online movie ticket booking platform 'WePiao', integrated within WeChat. Collaborating with over 2000 cinemas nationwide, including Wanda's chains, the company aims to expand its services to other entertainment sectors such as performances and sports events.
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.
JMGO
Venture Round in 2022
JMGO is a company based in Shenzhen City, China, known for its research and development in smart projectors and laser television technology. The company focuses on producing innovative portable projectors that offer large-screen displays using advanced optical projection technology. JMGO's products aim to enhance the quality of life by enabling users to enjoy movies and videos with family and friends in a convenient way, without the need to visit a traditional cinema. Actively expanding into international markets, JMGO is dedicated to delivering cutting-edge technologies in the projector industry.
Xingyun Digital Technology
Series A in 2022
Hangzhou Xingyun Digital Technology is a developer of a software-as-a-service (SaaS) platform focused on private domain intelligent marketing. The company aims to assist retail brands in their digital transformation efforts, leveraging nearly a decade of experience in digital marketing within the e-commerce sector. Its expertise culminated in the creation of a comprehensive solution for private domain marketing tailored to the WeChat ecosystem. Xingyun has launched various modular products, including a Customer Data Platform, Enterprise WeChat SCRM, and a Big Data Development Platform. The company's flagship offering, Xingyun Youke, integrates these capabilities to meet customer needs effectively. By providing professional e-commerce services, Xingyun empowers brand merchants to harness WeChat's extensive capabilities and big data insights, facilitating the establishment of a private traffic pool that enhances user engagement, increases traffic flow, and boosts sales revenue.
WeShine Network
Series B in 2022
WeShine Network is a marketing and service platform based in Nanjing, China, established in 2015. The company specializes in providing integrated marketing solutions, primarily utilizing the WeChat platform to facilitate corporate account management for business users. WeShine Network enables enterprises to attract and acquire customers through various channels, enhancing their marketing precision and broadening their customer base. With over 150,000 businesses served and more than 30,000 paid enterprise users, the company has built a substantial presence globally, supported by a network of over 600 channel partners. Its offices are located in major cities such as Guangzhou, Shenzhen, Beijing, Shanghai, Wuxi, and Wuhan.
Qiangua Technology
Series A in 2021
Qiangua Technology is a Chinese company specializing in autonomous driving technology for logistics and transportation. It develops unmanned cargo truck solutions aimed at enhancing the efficiency of the autopilot industry. By leveraging advanced automated driving systems, Qiangua Technology offers trunk logistics services that cater to the growing demand for innovative transportation solutions. The company focuses on improving the logistics sector through its cutting-edge technology, positioning itself as a key player in the development of autonomous transportation services.
Youibot Robotics Co., Ltd. is a Chinese company focused on the research, development, and manufacturing of autonomous mobile robots. The firm has independently developed a cutting-edge robot platform that utilizes advanced laser radar and visual real-time SLAM technology for navigation and mapping. Youibot's innovative systems are designed for both indoor and outdoor applications, offering competitive solutions for various industries. Their product line includes autonomous robots equipped with a standalone control system and a cluster collaboration platform, enabling efficient and automated operations for clients.
ColorTech Bio
Series B in 2021
ColorTech Bio researches and develops precision molecular diagnostic equipment. It offers medical devices to improve biotechnology services and solutions. ColorTech Bio was founded in 2018 and is based in Suzhou, China.
Eswin specializes in integrated circuit (IC) application solutions across various sectors, including mobile devices, smart homes, smart transportation, and industrial IoT. The company manufactures 12-inch monocrystalline silicon polished and epitaxial wafers, which are essential for semiconductor production. Eswin is dedicated to optimizing advanced equipment and processes to produce high-quality, dislocation-free, ultra-flat silicon wafers, primarily utilized for logic chips, flash memory chips, dynamic random access memory (DRAM), image sensors, and display driver ICs. Additionally, Eswin offers rear-end IC packaging and testing services. The company operates research and development centers in China, the U.K., and South Korea, along with production facilities located in Xi'an, Chengdu, Hefei, and Suzhou.
Pupumall
Venture Round in 2021
Pupumall is an online platform based in Fuzhou, China, specializing in the instant delivery of a diverse range of food products. Founded in 2016, the company enables customers to conveniently order groceries online, including fruits, vegetables, meat, poultry, dairy, seafood, grains, oils, beverages, snacks, and daily necessities. Pupumall's innovative platform connects individual customers with local delivery riders, facilitating quick and efficient delivery. This model not only enhances the grocery shopping experience for consumers but also optimizes warehousing and distribution processes for vendors, making it a key player in the online grocery market.
Dreame Technology
Series C in 2021
Dreame Technology is a Chinese consumer electronics company founded in 2015. It designs and manufactures smart home appliances, including cordless vacuum cleaners, sweeping and mopping robots, hair dryers, and personal care products, with a focus on premium quality and intelligent features. The company emphasizes proprietary high-speed digital motor technology, multi-scenario intelligent control, and AI-driven solutions to enable efficient, convenient, and higher-quality living, supporting the evolution of modern smart homes.
VisionNav Robotics
Series C in 2021
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.
HeyTea is a Chinese tea shop that focuses on innovative beverages, particularly cheese-topped tea and fruit tea. Founded in 2012 in an alley by the riverside, the company initially operated under the name ROYALTEA before rebranding to HEYTEA. The franchise offers a diverse range of products, including instant milk tea, fruit tea, and traditional Chinese tea, aimed at providing customers with unique flavor combinations. Through its distinct offerings, HeyTea has established itself as a prominent player in the tea beverage market.
ColorTech Bio
Series A in 2021
ColorTech Bio researches and develops precision molecular diagnostic equipment. It offers medical devices to improve biotechnology services and solutions. ColorTech Bio was founded in 2018 and is based in Suzhou, China.
Huihe Healthcare
Series B in 2021
Huihe Healthcare, founded in 2019 and based in Shanghai, China, focuses on the development and research of medical devices for structural heart diseases. The company is dedicated to creating innovative intervention devices, including systems for tricuspid valve repair, aimed at offering effective solutions for patients suffering from various heart conditions. Through its commitment to research and development, Huihe Healthcare strives to advance medical technology in the field of cardiology.
Funiutang
Series C in 2021
Baman Beef Powder, formerly known as Funiutang or F.N.T, is an online-to-offline brand that focuses on Hunan beef noodles and instant beef powder. The company markets its products through online channels while also running restaurants in Beijing, providing customers with both packaged goods and dining experiences.
Baman is a company based in China that specializes in producing and delivering packaged beef rice noodles. It operates a chain of offline restaurants focused on Hunan cuisine, with an emphasis on engaging the youth demographic. In addition to its restaurant operations, Baman offers retail, e-commerce, and catering services, aiming to preserve and promote the culinary traditions of Hunan among younger generations.
Saturnbird Coffee
Series B in 2021
Saturnbird Coffee Co., Ltd is a coffee shop operator based in Changsha, China, established in 2011. The company specializes in a range of coffee products, including a unique instant coffee powder that utilizes advanced brewing technology to preserve the original flavor and aroma of coffee beans. This innovative product can be dissolved in various liquids, such as hot or cold water, milk, and oat milk, allowing for versatile consumption. Saturnbird Coffee aims to enhance the coffee drinking experience through its thoughtfully designed cafes, which focus on the choice of utensils and interior aesthetics, creating an inviting atmosphere for coffee enthusiasts.
Chehaoduo
Series E in 2021
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily.
Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability.
It was founded in 2020 and is based in Hong Kong.
ColorTech Bio
Series A in 2021
ColorTech Bio researches and develops precision molecular diagnostic equipment. It offers medical devices to improve biotechnology services and solutions. ColorTech Bio was founded in 2018 and is based in Suzhou, China.
YHmicros is a Shanghai-based company that specializes in the manufacture and development of electronic power microchips. The company focuses on creating analog-digital mixed signal chips tailored for the communication and automotive electronics industries. Its product offerings emphasize high-performance signal chain analog chips and comprehensive system solutions. YHmicros serves various markets, including smartphones, wearable devices, wireless Bluetooth headsets, and smart home technology, ensuring that customers receive high-quality, reliable products.
VisionNav Robotics
Series B in 2021
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.
ChiefClouds
Series A in 2021
ChiefClouds is a company specializing in the construction and application of big data platforms for government and industrial sectors. It offers a range of industry-focused data intelligence products and solutions that address various fields, including government traffic, environmental protection, finance, and energy. By integrating top-tier big data technologies and expertise from leading internet and software companies, ChiefClouds creates a robust ecosystem for data-driven decision-making. The company employs a diverse team of professionals, encompassing experts from marketing, security, government, and corporate services. With branches located in major Chinese cities such as Shanghai, Beijing, Guangzhou, and Shijiazhuang, as well as laboratories in Silicon Valley, ChiefClouds is well-positioned to deliver sophisticated data solutions that facilitate refined operations and drive business growth for its clients.
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.
Xiekeyun is a company based in Nanshan District, Shenzhen, specializing in supplier relationship management (SRM) software. It leverages advanced cloud computing and big data technology to enhance the efficiency of manufacturing supply chains across various industries, including electronics, mechanical equipment, batteries, and home appliances. By integrating new-generation industrial Internet information technology with manufacturing resources, Xiekeyun provides a platform that enables businesses to optimize their supply chain management processes. The company's offerings aim to streamline supplier interactions and enhance overall operational efficiency.
Sichuan Kelun Pharmaceutical
Funding Round in 2021
Founded in 1996, Sichuan Kelun Pharmaceutical is a Chinese company engaged in the research, development, manufacture, distribution, and sale of pharmaceutical products. Its primary focus is on infusion products, antibiotics, and medical devices.
Wenjuan.com
Series C in 2021
Wenjuan.com, developed by Shanghai Zhongyan Network, is an online survey platform that specializes in offering comprehensive services for questionnaire creation, distribution, management, collection, and analysis. The platform is recognized for its robust market research capabilities, providing both online and offline research solutions, as well as management software. Wenjuan.com boasts a free online survey tool and has established itself as a prominent online survey community in China, attracting a high level of user engagement. Its technology supports businesses in conducting professional market research and implementing sample strategies effectively, positioning it as a leader in the market research management sector.
Guoquan Shihui
Series D in 2021
Guoquan Shihui is a Chinese food supplier specializing in hot pot and barbecue ingredients. It operates both B2B and B2C models, offering a wide range of products including casual snacks, fresh food, and ready-to-eat meals through its offline stores and online platform.
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.
WOW COLOUR
Series A in 2021
WOW COLOUR is a professional beauty and personal care retailer based in China. The company operates stores that offer a wide array of cosmetic products, including makeup, skincare, perfume, and beauty tools. By providing a diverse selection of various beauty brands, WOW COLOUR aims to create a one-stop shopping experience for customers seeking quality beauty products.
SciClone Pharmaceuticals
Seed Round in 2021
SciClone Pharmaceuticals, Inc. is a specialty pharmaceutical company headquartered in Foster City, California, that focuses on developing and commercializing therapies for oncology, infectious diseases, and cardiovascular disorders. The company's lead product, ZADAXIN, is utilized for treating hepatitis B and C, certain cancers, and enhancing immune function, with ongoing development for treating sepsis. In addition to ZADAXIN, SciClone offers a range of products including DC Bead, which is approved for liver cancer treatment in multiple countries, and ondansetron RapidFilm, used to manage nausea and vomiting related to chemotherapy and surgery. The company has established strategic partnerships to promote various products, such as Angiomax and Cleviprex. SciClone’s integrated platform emphasizes rapid growth in therapeutic areas with significant unmet medical needs, particularly in China.
Kuaipeilian
Series B in 2021
Kuaipeilian operates as an online piano learning platform based in China. It offers personalized virtual piano lessons, tailoring its curriculum to each student's skill level and preferences for optimal learning outcomes. The platform provides on-demand assistance to help students enhance their piano abilities at their own pace.
MicroTech Medical
Series D in 2020
MicroTech Medical, founded in January 2011 in Hangzhou Future Technical City, is a company focused on the research, development, and manufacturing of innovative and affordable medical devices for diabetes care. The firm specializes in creating both treatment and monitoring devices aimed at improving diabetes management, primarily serving the Chinese market while also reaching international customers. With significant backing from Eli Lilly and Company, MicroTech Medical is dedicated to enhancing the quality of life for individuals living with diabetes through advanced technology solutions.
NeoCura is a biotechnology company based in Shenzhen, China, founded in 2017. It specializes in developing AI-based platforms and diagnostic tests aimed at enhancing cancer therapies. The company's offerings include NeoCura AI ALPINE, a platform for predicting tumor neoantigens, and NeoCura AI EVEREST, which validates these neoantigens to improve patient outcomes. Additionally, NeoCura TP serves as an intelligent companion diagnostic tool that forecasts treatment options for immunotherapy drugs, while NeoCura Ag focuses on patient-specific neoantigen immunotherapy. Alongside these platforms, NeoCura also provides diagnostics and medical laboratory services, leveraging AI to analyze molecular biology and clinical data to assist physicians in refining cancer diagnosis and treatment strategies.
RootCloud
Series C in 2020
RootCloud is a Beijing-based cloud computing platform founded in 2016, specializing in industrial Internet-of-Things (IoT) applications. It offers a comprehensive solution that encompasses various layers, including connection, platform, and application layers, aimed at enhancing industrial operations. The company primarily serves machine manufacturers, equipment users, government agencies, and social organizations, providing services such as smart manufacturing, research and development, and equipment financing. RootCloud leverages its extensive expertise in IoT and big data to support digital transformation and life-cycle management for large-scale manufacturing enterprises. By delivering service-as-a-service applications on public cloud infrastructure, RootCloud enables clients to improve operational efficiency and product quality, fundamentally reshaping the way industrial enterprises manage their businesses.
Founded in 2018, DEEPEXI is a leading provider of enterprise-level digital transformation services. It offers business consulting, solutions, products, and technology research & development based on advanced internet architecture. With over 160 employees across Beijing, Guangzhou, Shenzhen, Nanjing, and Chengdu, the company specializes in scalable business intelligence services that integrate 5G, IoT, big data, AI, and cloud computing technologies.
Dmall is a cloud-based, end-to-end SaaS platform for local retailers and brand owners in China and Asia. Its offerings include a retail core service cloud, an e-commerce service cloud, and a marketing and advertising service cloud, all designed to improve operations, sales, and customer experiences. Built on Dmall OS and AIoT, the platform provides integrated data insights across retail activities to guide actionable improvements. The three clouds work together to deliver a one-stop solution for streamlined operations, commerce, and marketing. Dmall is positioned as a leader in retail digitalization, addressing core needs such as upgrading consumer experience, increasing operational efficiency, safeguarding system security, and supporting ESG responsibilities.
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.
Dreame Technology
Series B in 2020
Dreame Technology is a Chinese consumer electronics company founded in 2015. It designs and manufactures smart home appliances, including cordless vacuum cleaners, sweeping and mopping robots, hair dryers, and personal care products, with a focus on premium quality and intelligent features. The company emphasizes proprietary high-speed digital motor technology, multi-scenario intelligent control, and AI-driven solutions to enable efficient, convenient, and higher-quality living, supporting the evolution of modern smart homes.
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability.
It was founded in 2020 and is based in Hong Kong.
Yuanfudao
Series G in 2020
Yuanfudao, founded in 2012, is the largest online live course platform in China, catering to primary and secondary school students. With over 1 million paying users, it provides a comprehensive curriculum that includes subjects such as English, Mathematical Olympiad, and various all-subject courses for secondary education. The platform features live online tutoring conducted by nationally recognized teachers, allowing students to receive quality education from home. By utilizing big data analysis, Yuanfudao enables students to identify their learning weaknesses and engage in targeted learning, thus enhancing their educational outcomes. The combination of its extensive course offerings and a large pool of qualified educators benefits hundreds of thousands of students across the country.
Waterdrop
Series D in 2020
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.
Guoquan Shihui
Series C in 2020
Guoquan Shihui is a Chinese food supplier specializing in hot pot and barbecue ingredients. It operates both B2B and B2C models, offering a wide range of products including casual snacks, fresh food, and ready-to-eat meals through its offline stores and online platform.
Eswin specializes in integrated circuit (IC) application solutions across various sectors, including mobile devices, smart homes, smart transportation, and industrial IoT. The company manufactures 12-inch monocrystalline silicon polished and epitaxial wafers, which are essential for semiconductor production. Eswin is dedicated to optimizing advanced equipment and processes to produce high-quality, dislocation-free, ultra-flat silicon wafers, primarily utilized for logic chips, flash memory chips, dynamic random access memory (DRAM), image sensors, and display driver ICs. Additionally, Eswin offers rear-end IC packaging and testing services. The company operates research and development centers in China, the U.K., and South Korea, along with production facilities located in Xi'an, Chengdu, Hefei, and Suzhou.
Founded in 2018, DEEPEXI is a leading provider of enterprise-level digital transformation services. It offers business consulting, solutions, products, and technology research & development based on advanced internet architecture. With over 160 employees across Beijing, Guangzhou, Shenzhen, Nanjing, and Chengdu, the company specializes in scalable business intelligence services that integrate 5G, IoT, big data, AI, and cloud computing technologies.
Wangpai Huyu
Angel Round in 2020
Ace Interactive Entertainment is a mobile game developer, formerly known as Beijing Pan-Arab Network Technology Co., Ltd. The company’s business mainly covers two aspects: the development and distribution of mobile games, and its products include casual tower defense games "D-MEN: The Defenders ( The hero returns)" etc.
Yuanfudao
Series G in 2020
Yuanfudao, founded in 2012, is the largest online live course platform in China, catering to primary and secondary school students. With over 1 million paying users, it provides a comprehensive curriculum that includes subjects such as English, Mathematical Olympiad, and various all-subject courses for secondary education. The platform features live online tutoring conducted by nationally recognized teachers, allowing students to receive quality education from home. By utilizing big data analysis, Yuanfudao enables students to identify their learning weaknesses and engage in targeted learning, thus enhancing their educational outcomes. The combination of its extensive course offerings and a large pool of qualified educators benefits hundreds of thousands of students across the country.
Guoquan Shihui
Series B in 2020
Guoquan Shihui is a Chinese food supplier specializing in hot pot and barbecue ingredients. It operates both B2B and B2C models, offering a wide range of products including casual snacks, fresh food, and ready-to-eat meals through its offline stores and online platform.
Founded in 2014, Medbanks specializes in healthcare data processing services. It develops an oncology database by collecting and analyzing clinical information from hospitals.
Golden Technology
Series B in 2019
Golden Technology is a big data service company based in China that specializes in providing electronic invoicing solutions through blockchain technology. The company has developed a digital invoicing and transaction record-keeping platform designed to serve various sectors, including grocery retailers, parking lots, and restaurants. Its platform offers a range of services such as electronic invoicing, reimbursement, record-keeping, and transaction inspection and management. By leveraging blockchain, Golden Technology aims to provide convenient and cost-effective alternatives to traditional paper-based receipts, enhancing the efficiency and transparency of financial transactions.
Fapiaoer is a Chinese electronic invoicing service provider under Tencent-backed Chinese project incubator and group-buying platform GaoPeng.
Based on a variety of business success stories, with a strong operating, technical, product team, Gao Peng internal restructuring team to provide electronic invoicing services in an effort to create the most convenient and most reasonable electronic invoice preparation, preservation, and reimbursement experience for users. , Tencent and U.S. GROUPON Each group invested 50 million U.S. dollars to develop a group purchasing business company to become: Wechat commercialization project incubation platform, Tencent eco-layout early investment platform, Group purchasing model integration optimization of new e-commerce platform and other three business lines go hand in hand with diversified technology The company, currently Tencent, is the single largest shareholder of Gao Peng.
Qi An Xin
Private Equity Round in 2019
Qi An Xin Group is a prominent cybersecurity company based in Beijing, China, specializing in the protection of critical internet assets across various sectors, including government, finance, energy, and telecommunications. Founded in 2015, the company has experienced rapid growth, achieving over 90% consecutive compound annual growth rate since its inception. Qi An Xin offers a range of security solutions, including big data security, endpoint security, content security, and advanced detection and monitoring systems for cyber threats such as DDoS attacks and phishing. With a workforce of over 6,000 professionals, the company has successfully implemented its technologies in approximately 90% of government departments, state-owned enterprises, and major banks in China. Since 2019, Qi An Xin has also begun expanding its international presence, establishing operations in countries such as Indonesia, Singapore, Canada, Hong Kong, and Macao.
Founded in 2018, DEEPEXI is a leading provider of enterprise-level digital transformation services. It offers business consulting, solutions, products, and technology research & development based on advanced internet architecture. With over 160 employees across Beijing, Guangzhou, Shenzhen, Nanjing, and Chengdu, the company specializes in scalable business intelligence services that integrate 5G, IoT, big data, AI, and cloud computing technologies.
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.
GalaxySpace
Series B in 2019
Founded in 2016, GalaxySpace specializes in developing and manufacturing low Earth orbit (LEO) broadband satellite constellations for global internet connectivity. Their satellite applications include monitoring services for airports, parking lots, oil reserves, and land use assessment.
Zhiketong Technology
Series C in 2019
Beijing Zhiketong Technology Co., Ltd., established in 2014, specializes in providing direct marketing services for the hospitality, leisure, and entertainment sectors through its web platform on WeChat. The company acts as an agency that offers a range of digital marketing solutions, including consulting, advertising, and comprehensive data analysis. By assisting partners in optimizing their management efficiency and enhancing service quality, Zhiketong Technology helps businesses increase brand awareness and attract more customers. Its services encompass intelligent data analysis systems, online marketing strategies, customer management tools, and online store design, all aimed at driving revenue growth for hotels and tourism attractions in China.
Fourier Intelligence
Series B in 2019
Fourier Intelligence is a Shanghai-based technology and design company that specializes in the development of exoskeleton robotic products and services aimed at rehabilitation and orthoses. The company offers advanced robotics technology, including upper-limb rehabilitation robotics and lower-limb exoskeletons, which assist individuals with disabilities in overcoming physical limitations, enabling them to stand and walk again. Its innovative products not only enhance the quality of life for users but also improve productivity by reducing fatigue and facilitating the transportation of heavy objects in various sectors. Fourier Intelligence is committed to advancing healthcare and rehabilitation through its pioneering technologies, empowering individuals to regain mobility and independence.
H Hotel
Corporate Round in 2019
H Chain Hotel is committed to helping all kinds of existing single-family hotels in China to increase revenue through membership system and revenue management. Through talent empowerment, technology empowerment and supply chain empowerment, the company can save costs and improve the competitiveness of franchisees. Join hands in creating a new century hotel brand in China.
Tangdou is a Chinese company that specializes in providing online dance lessons, particularly for senior citizens. Headquartered in China, Tangdou operates a mobile application that allows users to watch and upload dance videos. This platform enables users to learn a variety of dance styles from the convenience of their homes, catering specifically to the interests and needs of older adults. Through its innovative approach, Tangdou aims to promote physical activity and social engagement among seniors, enhancing their quality of life through dance.
Kuaipeilian
Seed Round in 2019
Kuaipeilian operates as an online piano learning platform based in China. It offers personalized virtual piano lessons, tailoring its curriculum to each student's skill level and preferences for optimal learning outcomes. The platform provides on-demand assistance to help students enhance their piano abilities at their own pace.
Jijixian is a fresh produce e-commerce and delivery service provider based in Wuhan, China. The company specializes in offering a wide range of grocery products, including fruits, vegetables, meat, eggs, seafood, grains, and seasonings. Jijixian is known for its efficient logistics, featuring a 30-minute fast delivery service that caters to the needs of consumers looking for convenient access to fresh food. Through its platform, Jijixian aims to enhance the shopping experience for customers seeking quality produce delivered directly to their doorstep.
DMAI
Venture Round in 2019
DMAI (Guangzhou) Co., Ltd. specializes in developing a cognitive artificial intelligence platform designed to enhance machine-to-human interaction and collaboration. The company's technology integrates multiple disciplines, including computer vision, cognitive science, language dialogue, machine learning, robotics, and game ethics. DMAI's solutions are applicable across various sectors, such as education, healthcare, gaming, smart driving, personal assistants, and smart robotics. The company aims to create personalized AI assistants that foster genuine connections and facilitate individual learning experiences. By focusing on understanding the underlying complexities of intelligence, DMAI seeks to empower users and professionals in education and healthcare to deliver tailored instruction and care. With a commitment to improving engagement and motivation, DMAI believes that its cognitive AI solutions can help address significant challenges faced by individuals, such as educational attainment and chronic health issues. Based in China, DMAI is dedicated to advancing the potential of cognitive AI for the betterment of society.
DEEPEXI
Seed Round in 2019
Founded in 2018, DEEPEXI is a leading provider of enterprise-level digital transformation services. It offers business consulting, solutions, products, and technology research & development based on advanced internet architecture. With over 160 employees across Beijing, Guangzhou, Shenzhen, Nanjing, and Chengdu, the company specializes in scalable business intelligence services that integrate 5G, IoT, big data, AI, and cloud computing technologies.
Hi-Fun is an indoor competitive theme park built by Airnet and invested in incubation. It provides more than 30 large-scale competitive entertainment projects and amusement facilities, creating a comprehensive large indoor "athletic, interactive entertainment, video game". Theme Park. Beijing Airborne Sports Development Co., Ltd. products.
H Chain Hotel is committed to helping all kinds of existing single-family hotels in China to increase revenue through membership system and revenue management. Through talent empowerment, technology empowerment and supply chain empowerment, the company can save costs and improve the competitiveness of franchisees. Join hands in creating a new century hotel brand in China.
Waterdrop
Series B in 2019
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.
Kr Space is a provider of office space and entrepreneurial services in China, specializing in customized co-working environments designed to enhance the working experience for entrepreneurs. With a presence in ten cities and approximately 13,000 seats—of which 82% are currently occupied—Kr Space offers spacious work areas equipped with modern facilities. The company focuses on fostering connections among entrepreneurs, facilitating partnerships, and promoting business growth through practical training courses and collaborative workspaces. Led by David Zhong, a former vice president at JD.com, Kr Space aims to redefine the traditional office experience and is recognized for its operational excellence and resource integration within the broader framework of 36Kr.
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.
ESWIN Computing
Series A in 2019
ESWIN Computing is a technology company focused on the research, development, and design of IoT chips and RISC-V computing architectures. It develops chips and related components for display devices and wearable devices, emphasizing the design, testing, and materials of IoT and human-computer interaction integrated circuits. The company provides chips used in artificial intelligence, Internet of Vehicles, displays, and wearable technologies, supporting applications across consumer electronics and smart devices.
Jusda International Supply Chain Management Co., Ltd., founded in 2000 and based in Shenzhen, China, specializes in providing comprehensive supply chain management services. The company serves as a platform for freight and logistics solutions, including e-commerce supply chain services on an international scale. As a key service provider for Foxconn Technology Group, Jusda is focused on enhancing the efficiency and professionalism of supply chain management through advanced technology and research and development. Its innovative business model integrates multiple flows—trading, goods, information, capital, technology, and processes—aiming to streamline operations and drive growth within the supply chain sector.
Home King
Series C in 2019
Home King is a professional housekeeping service platform established in 2010 that streamlines the traditional process of housekeeping transactions. With direct sales branches in 26 major cities, the company employs over 10,000 full-time staff and caters to approximately 3.5 million households. Home King specializes in a range of services, including home cleaning, babysitting, deep cleaning, cooking, and home organization, offering comprehensive solutions tailored for urban residents. In 2018, the company completed 24 million service hours and generated an annual revenue of 850 million yuan, demonstrating its significant presence in the housekeeping industry.
PENSEES Technology is an artificial intelligence company based in China, specializing in computer vision and Internet of Things (IoT) technologies. The company focuses on delivering integrated application solutions across various industries, utilizing advanced visual analysis technology to enhance its offerings. PENSEES develops and provides a range of industrial products, solutions, and technical services aimed at applications in safe city initiatives, intelligent transportation systems, intelligent communities, and security analysis. Through its innovative approach, PENSEES seeks to deepen the impact of AI technologies in practical, real-world scenarios.
Yuanfudao
Series F in 2018
Yuanfudao, founded in 2012, is the largest online live course platform in China, catering to primary and secondary school students. With over 1 million paying users, it provides a comprehensive curriculum that includes subjects such as English, Mathematical Olympiad, and various all-subject courses for secondary education. The platform features live online tutoring conducted by nationally recognized teachers, allowing students to receive quality education from home. By utilizing big data analysis, Yuanfudao enables students to identify their learning weaknesses and engage in targeted learning, thus enhancing their educational outcomes. The combination of its extensive course offerings and a large pool of qualified educators benefits hundreds of thousands of students across the country.
Acne Studios
Corporate Round in 2018
Acne Studios AB is a luxury fashion house that specializes in designing and manufacturing ready-to-wear clothing, footwear, and accessories for both men and women. Founded in 1996 by Jonny Johansson, the company is headquartered in Stockholm, Sweden, and has flagship stores in major cities worldwide, including Australia, China, the United States, the United Kingdom, and several European countries. Acne Studios is known for its eclectic use of materials and custom-developed fabrics, offering a diverse range of products that include outerwear, jeans, knitwear, dresses, shoes, and leather goods. The brand emphasizes contemporary tailoring and style, catering to a global clientele through its retail locations and online platforms.
Yuce Biological Technology
Series B in 2018
Yuce Biological Technology, founded in 2015 and based in Shenzhen, China, specializes in cancer immunotherapy and genetic testing services aimed at enhancing tumor precision immunotherapy. The company offers a range of products, including the YuceOne ICIs test, which supports tumor immunotherapy, and the YuceOne Plus test, designed to detect significant genetic mutations and tumor neonatal antigens to guide therapeutic decisions. Additionally, Yuce provides comprehensive tumor gene detection services that encompass immunotherapy, targeted therapy, chemotherapy, tumor vaccines, and personalized cell therapy. The company also engages in neonatal antigen prediction and tumor mutation load analysis to further support immunotherapy efforts. Its services extend to pharmaceutical offerings, including drug biomarker development and personalized treatment solutions. With a branch located in Shanghai, Yuce Biological Technology is committed to advancing cancer treatment through innovative genetic testing and immunotherapeutic strategies.
Founded in 2014, Medbanks specializes in healthcare data processing services. It develops an oncology database by collecting and analyzing clinical information from hospitals.
Youhua Technology
Series B in 2018
Shanghai based Media & Entertainment company.
GalaxySpace
Series A in 2018
Founded in 2016, GalaxySpace specializes in developing and manufacturing low Earth orbit (LEO) broadband satellite constellations for global internet connectivity. Their satellite applications include monitoring services for airports, parking lots, oil reserves, and land use assessment.
Plair
Initial Coin Offering in 2018
Plair Limited is a Hong Kong-based company that develops and operates a decentralized video-gamer-focused blockchain platform. The platform aims to create a community space where gamers can connect through online and offline events and tournaments. Plair provides tools that enable gamers to earn a sustainable living and pursue career opportunities within the gaming industry. By leveraging blockchain technology, Plair incorporates an economic model that quantifies the contributions of its members and rewards them with Plair Tokens, a crypto asset. The company is dedicated to empowering the video gaming community by fostering social interaction and financial incentives for all participants.
DEEPEXI
Angel Round in 2018
Founded in 2018, DEEPEXI is a leading provider of enterprise-level digital transformation services. It offers business consulting, solutions, products, and technology research & development based on advanced internet architecture. With over 160 employees across Beijing, Guangzhou, Shenzhen, Nanjing, and Chengdu, the company specializes in scalable business intelligence services that integrate 5G, IoT, big data, AI, and cloud computing technologies.
Haoyiku is a Hangzhou-based community-based e-commerce platform focused on apparel. Founded in 2017 by Qiangqiang Wu, the company operates a S2b2C model that connects platform, brands, buying agents, and consumers through social networks and the WeChat ecosystem. The platform enables partner brands to off-load inventory and allows individual merchants to sell products to their social networks, offering rapid payment settlement, broad customer reach, a low purchase return rate, and ongoing business training to improve performance.
Zmeng Network Technology (ZMT)
Series C in 2018
ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.
Zhiketong Technology
Series B in 2018
Beijing Zhiketong Technology Co., Ltd., established in 2014, specializes in providing direct marketing services for the hospitality, leisure, and entertainment sectors through its web platform on WeChat. The company acts as an agency that offers a range of digital marketing solutions, including consulting, advertising, and comprehensive data analysis. By assisting partners in optimizing their management efficiency and enhancing service quality, Zhiketong Technology helps businesses increase brand awareness and attract more customers. Its services encompass intelligent data analysis systems, online marketing strategies, customer management tools, and online store design, all aimed at driving revenue growth for hotels and tourism attractions in China.
Vingoo Juice
Series C in 2018
Vingoo Juice is a company that specializes in creating innovative, autonomous machines for producing fresh orange juice, primarily targeting the community market in China. These machines employ a whole fruit extraction method, which maximizes juice yield from each orange, ensuring customers receive enhanced value for their purchases. By integrating advanced technologies such as cloud computing, artificial intelligence, and mobile payment systems, Vingoo Juice significantly enhances the consumer experience, making the process of obtaining fresh juice more convenient and efficient.
AllDream Network Technology
Series B in 2018
AllDream Network Technology is a Chinese educational technology company that develops an online platform focused on teaching programming skills to children. The company specializes in creating educational materials and courses like computer thinking, programming, and game application development, aiming to enhance young learners' logical thinking and creativity.
Maimai is a China-based career and social networking platform established in 2013 by Lin Fan. With tens of millions of users, it has become the most widely used professional social networking site in China, surpassing LinkedIn. The platform operates as a real-name workplace social network, allowing professionals to engage through live broadcasts, group chat rooms, and a news feed. Maimai facilitates the exchange of online contacts and job recruitment, promoting collaboration and enhancing work efficiency among its users.
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts.
Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture.
Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.
iQiyi Sports
Series A in 2018
iQIYI Sports operates under iQIYI, a leading video and entertainment service provider in China, established in 2010. The company focuses on delivering a high-quality online video experience, and has diversified its business model to include various services beyond entertainment. iQIYI Sports specifically engages in sports-related content and live streaming, catering to the interests of sports fans. The platform emphasizes innovations in technology and content delivery, ensuring users have access to a rich and smooth viewing experience. By integrating e-commerce and interactive features, iQIYI Sports aims to enhance user engagement and expand its reach within the sports entertainment sector.
Kuaipeilian
Angel Round in 2018
Kuaipeilian operates as an online piano learning platform based in China. It offers personalized virtual piano lessons, tailoring its curriculum to each student's skill level and preferences for optimal learning outcomes. The platform provides on-demand assistance to help students enhance their piano abilities at their own pace.
Xiangwushuo
Series B in 2018
Xiangwushuo is a Beijing-based company that operates an online platform facilitating the buying and selling of unused items. It enables users to trade and share goods through a marketplace that incorporates a point system, allowing transactions without the direct use of money. In addition to catering to individual consumers, Xiangwushuo offers business owners a means to promote and sell their products online. The company focuses on software and platform development, contributing to the trading of new and idle goods while promoting sustainability through the reuse of items.